Introducing Cash App's New Bitcoin Withdrawal Feature
Introducing a new Cash App bitcoin withdrawal feature might seem like a big deal, but there are a couple of good reasons why the company is doing this. First, the cash App is a mobile payment service operated by Block, the same company that runs Square. The Cash App enables clients to convert a portion of their direct deposits to bitcoin. Clients with activated Cash Cards or a connected Visa debit card can alter anywhere from 1% to 100% of their direct deposits.
You can increase your limit by contacting Cash App support and verifying your identity. If you're still worried about using your Cash App account for gambling or other illegal activity, you can always request an increase to your cash app daily or weekly limit. Once you've increased the limit, you can withdraw up to $7500 weekly. However, remember that you'll have to verify your identity and address to withdraw more than the $7500 limit each week.